Nature of Event
Regulatory filing of Annual Report and Notice of 42nd Annual General Meeting pursuant to SEBI Listing Regulations and Companies Act, 2013.
Key Quantitative Figures
Financial Performance (FY 2025-2026):
- Revenue from Operations: ₹213.57 lakh (FY 2024-25: ₹220.25 lakh) - decrease of 3.03%
- Other Income: ₹95.47 lakh (FY 2024-25: ₹133.29 lakh)
- Total Income: ₹223.12 lakh (FY 2024-25: ₹233.58 lakh)
- Profit Before Tax: ₹79.56 lakh (FY 2024-25: ₹372.96 lakh, which included exceptional income of ₹283.10 lakh)
- Profit After Tax: ₹58.69 lakh (FY 2024-25: ₹274.54 lakh)
- Total Comprehensive Income: ₹64.68 lakh (FY 2024-25: ₹279.67 lakh)
- Earnings Per Share: ₹0.40 (FY 2024-25: ₹1.89)
Capital Structure:
- Authorized Share Capital: ₹900.00 lakh (7.5 crore equity shares of ₹1 each + 1.5 lakh preference shares of ₹100 each)
- Paid-up Equity Share Capital: ₹145.02 lakh (1,45,02,400 equity shares of ₹1 each)
- No change in share capital during the year
Segment Performance:
- Packaged Food Products Revenue: ₹2,114.73 lakh
- Other Operations Revenue: ₹116.43 lakh
- Packaged Food Products Segment Result: ₹98.15 lakh profit
- Other Operations Segment Result: ₹1.52 lakh loss
Dates of Action
- AGM Date: August 25, 2026 at 3:30 PM IST through VC/OAVM
- Cut-off Date for Voting Rights: August 18, 2026
- Remote E-voting Period: August 22, 2026 (9:00 AM IST) to August 24, 2026 (5:00 PM IST)
- Register of Members Closure: August 19-25, 2026 (both days inclusive)
- Mr. Shridhan Poddar appointment date: December 1, 2025 (as Additional Director)
Parties Involved
- Stock Exchange: BSE Limited
- Registrar & Transfer Agent: Niche Technologies Private Limited
- E-voting Agency: Central Depository Services (India) Limited (CDSL)
- Scrutinizer: Mr. Pravin Kumar Drolia, Practicing Company Secretary
- Statutory Auditors: G.K. Tulsyan & Company, Chartered Accountants
- Internal Auditors: DKSK & Associates, Chartered Accountants
- Secretarial Auditor: Drolia & Co., Company Secretaries
- Banker: Canara Bank
Resolutions for Shareholder Approval
Ordinary Business:
1. Adoption of Audited Financial Statements for FY ended March 31, 2026
2. Re-appointment of Mrs. Uma Poddar (DIN: 07140013) as Director liable to retire by rotation
Special Business:
3. Appointment of Mr. Shridhan Poddar (DIN: 07132968) as Director of the Company
4. Appointment of Mr. Shridhan Poddar as Whole-time Director for three years from December 1, 2025 to November 30, 2028
Director Appointment Details
Mr. Shridhan Poddar's Remuneration Terms:
- Fixed Compensation: Basic salary less than ₹12.00 lakh per annum
- Flexible Compensation: House Rent Allowance (25% of basic), medical reimbursement (up to ₹3.00 lakh p.a.), club facilities
- Total remuneration not to exceed ₹30.00 lakh per annum (₹2.50 lakh per month)
- Appointment period: December 1, 2025 to November 30, 2028
- Notice period: 1 month in writing
- No sitting fees for Board/Committee meetings
Financial and Operational Impact
- No dividend declared for FY 2025-2026
- No amount transferred to reserves
- The company continues as going concern with no material uncertainties
- Manufacturing capacity increased from 10 tons to 12 tons per day with installation of 2 new packing machines
- No material changes affecting financial position between year-end and report date
Capital Structure Impact
- No change in share capital during the year
- No dilution from new share issuance
- Promoter group holding: 71.915% as on March 31, 2026
Voting Procedures
- Remote e-voting through CDSL platform from August 22-24, 2026
- E-voting during AGM available only for shareholders attending through VC/OAVM who haven't voted remotely
- Scrutinizer to submit report within 2 working days of AGM conclusion
- Results to be placed on company website (www.ceeta.com) and CDSL website (www.evotingindia.com)
Corporate Governance
- Board comprises 7 Directors (1 Managing Director, 1 Non-Executive Director, 3 Independent Directors, 1 Whole-time Director)
- Board met 5 times during FY 2025-2026
- All Independent Directors submitted declarations of independence
- Company has established Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee
- Vigil Mechanism/Whistle Blower Policy in place
- No sexual harassment complaints received during the year
Additional Information
- Company manufacturing facility located at Tumkur, Karnataka
- Product portfolio includes traditional snacks, potato chips, extruded snacks, fryums, and fruit drinks under brand "Skitos"
- Company also undertakes contract manufacturing for various customers
- ESG Initiatives: Energy conservation measures implemented, 140 KLD ETP plant with 80% water recycling
- No CSR obligation as company doesn't meet prescribed criteria